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  • October 19, 2008 at 9:13 PM #14248
    CAwireman
    Participant

    Bloomberg Asia cable channe

    Bank/Financial writedowns so far in 2008:

    Wachovia $96.7 Billion

    Citigroup $68.1 Billion

    Merrill Lynch $58.1 Billion

    WaMu $45.6 Billion

    UBS $44.2 Billion

    Wow!

    A billion here a billion there…..

    October 20, 2008 at 12:27 PM #290161
    cr
    Participant

    July 22, 2007

    “…Bernanke said Tuesday that he expects losses in the range of $50 billion to $100 billion as a worst-case scenario.”

    http://www.signonsandiego.com/uniontrib/20070722/news_1b22bear.html

    So did he intentionally lie, or was he uninformed?

    October 20, 2008 at 12:27 PM #290469
    cr
    Participant

    July 22, 2007

    “…Bernanke said Tuesday that he expects losses in the range of $50 billion to $100 billion as a worst-case scenario.”

    http://www.signonsandiego.com/uniontrib/20070722/news_1b22bear.html

    So did he intentionally lie, or was he uninformed?

    October 20, 2008 at 12:27 PM #290475
    cr
    Participant

    July 22, 2007

    “…Bernanke said Tuesday that he expects losses in the range of $50 billion to $100 billion as a worst-case scenario.”

    http://www.signonsandiego.com/uniontrib/20070722/news_1b22bear.html

    So did he intentionally lie, or was he uninformed?

    October 20, 2008 at 12:27 PM #290508
    cr
    Participant

    July 22, 2007

    “…Bernanke said Tuesday that he expects losses in the range of $50 billion to $100 billion as a worst-case scenario.”

    http://www.signonsandiego.com/uniontrib/20070722/news_1b22bear.html

    So did he intentionally lie, or was he uninformed?

    October 20, 2008 at 12:27 PM #290512
    cr
    Participant

    July 22, 2007

    “…Bernanke said Tuesday that he expects losses in the range of $50 billion to $100 billion as a worst-case scenario.”

    http://www.signonsandiego.com/uniontrib/20070722/news_1b22bear.html

    So did he intentionally lie, or was he uninformed?

    October 23, 2008 at 6:54 PM #291994
    jpinpb
    Participant

    I’m thinking Mr. Mortgage is right and when all this is said and done, we are looking in the trillions.

    October 23, 2008 at 6:54 PM #292316
    jpinpb
    Participant

    I’m thinking Mr. Mortgage is right and when all this is said and done, we are looking in the trillions.

    October 23, 2008 at 6:54 PM #292345
    jpinpb
    Participant

    I’m thinking Mr. Mortgage is right and when all this is said and done, we are looking in the trillions.

    October 23, 2008 at 6:54 PM #292354
    jpinpb
    Participant

    I’m thinking Mr. Mortgage is right and when all this is said and done, we are looking in the trillions.

    October 23, 2008 at 6:54 PM #292390
    jpinpb
    Participant

    I’m thinking Mr. Mortgage is right and when all this is said and done, we are looking in the trillions.

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